Thus, in August, Concorde had a 5% share of transactions with shares on the bourse’s main market, compared with only 0.25% of all transactions a month before.
Concorde, a leader on the brokerage market in Budapest, registered as a direct participant on Bucharest Bourse in May 2015. Hence, in three months on the bourse, it gathered a 0.88% market share, placing it on the 19th place of top 38 brokers by turnover since early 2015.
On Budapest Bourse, Concorde brokered RON8 billion transactions in January to July, representing 21% of the traded values in the first seven months.
The first three brokers on the Bucharest Bourse by turnover are Swiss Capital, Czech company Wood & Company Financial Services and Raiffeisen bank.
Besides Concorde, some of the brokers with 60% higher turnover in August were NBG Securities, the capital market unit of the National Bank of Greece, Alpha Finance, part of Alpha Bank group, and Intercapital Invest.
The brokered transactions on the Bourse’s main market decreased by 20% in August, at RON1.49 billion, from a year’s high at RON1.82 billion in July.
During the first eight months, the top three brokers, Swiss, Wood and Raiffeisen, registered a 55% market share of all transactions since early this year.
(English version by Manuela Panescu)